Easy Ways to Pay Less on Waverly Auto Insurance

Are you overwhelmed by the number of auto insurance choices in Waverly? You're not alone. There are so many options that it can turn into a real challenge to find lower rates.

It's important to shop coverage around at least once a year since insurance rates are constantly changing. Just because you found the best deal a year ago you can probably find a better price now. Starting right now, block out anything you think you know about auto insurance because it's time to teach you the only way to find better rates and still maintain coverage.

If you have a current auto insurance policy or are looking for a new policy, you will benefit by learning to find the best rates while maximizing coverage. Buying the cheapest protection in Waverly is simple if you know the tricks. Illinois vehicle owners just need to know the proper methods to get comparison quotes over the internet.

Tips to Get Lower Waverly Rates

Consumers need to have an understanding of the factors that help determine auto insurance rates. Understanding what controls the rates you pay empowers consumers to make smart changes that can help you get lower auto insurance prices.

How many coverages with the same company - Many insurance companies give discounts to people who carry more than one policy. It's known as a multi-policy discount. Discounts can be 10 percent or more. Even though this discount sounds good, it's still a good idea to comparison shop to verify if the discount is saving money. You may still find a better deal by buying insurance from more than one company.
Do you need those extra coverages? - There are a ton of extra coverages you can purchase if you aren't careful. Coverages like roadside assistance, better glass coverage and additional equipment coverage are some examples. They may seem like a good idea initially, but now you might not need them so get rid of them and save.
Having a spouse can save you money - Being married can get you a discount on auto insurance. Marriage translates into being more mature than a single person and statistics show being married results in fewer claims.
Drive a safer car and pay less - Cars with high safety ratings get lower rates. Safer cars protect occupants better and better occupant protection means lower claim amounts and lower rates for you.
Car features impact rates - Choosing a vehicle with a theft deterrent system can save you a little every year. Theft prevention features such as LoJack tracking devices, vehicle tamper alarm systems or GM's OnStar system can thwart auto theft.
Type of vehicle determines base rates - The performance level of the vehicle you drive makes a significant difference in the rate you pay. Economy passenger models generally receive the lowest base rates, but other factors influence the final cost greatly.
High credit ratings translate to low rates - Your credit history is a big factor in calculating your auto insurance rates. So if your credit is not that good, you could save money insuring your by repairing your credit. People with good credit tend to be more responsible as compared to drivers with lower credit scores.

Take advantage of discounts

Car insurance is not cheap, buy you may qualify for discounts that you may not know about. A few discounts will automatically apply when you complete an application, but lesser-known reductions have to be specifically requested before they will apply. If they aren't giving you every credit possible, you are paying more than you should be.

Anti-theft Discount - Vehicles with anti-theft systems can help prevent theft and earn discounts up to 10%.
Low Mileage - Fewer annual miles can qualify you for a substantially lower rate.
E-sign - Certain companies give back up to $50 for buying a policy and signing up on their website.
Student Driver Training - Cut your cost by having your teen driver take driver's ed class if it's offered in school.
Early Switch Discount - Some companies give discounts for signing up prior to your current policy expiration. It's a savings of about 10%.
Passive Restraints - Vehicles with factory air bags and/or automatic seat belt systems can get savings of more than 20%.
Driver Safety - Completing a course teaching defensive driving skills could possibly earn you a 5% discount if your company offers it.
Federal Government Employee - Employees or retirees of the government can save as much as 8% with certain companies.
Multi-policy Discount - If you insure your home and vehicles with the same company you may save up to 20% off your total premium.
Anti-lock Brakes - Vehicles equipped with ABS or steering control can reduce accidents and earn discounts up to 10%.

Drivers should understand that some credits don't apply the the whole policy. Most only reduce specific coverage prices like comprehensive or collision. So even though it sounds like it's possible to get free car insurance, companies wouldn't make money that way. But all discounts will cut your overall premium however.

To choose providers who offer auto insurance discounts in Waverly, click here.

Are auto insurance companies telling the truth?

Illinois drivers can't ignore all the ads that promise big savings from the likes of Allstate and Progressive. All the ads have a common claim that you'll save big after switching your coverage to them.

How do they all say the same thing? It's all in the numbers.

All companies are able to cherry pick for the type of customer that makes them money. An example of a preferred risk might be profiled as between 30 and 50, has no tickets, and has excellent credit. A propective insured that hits that "sweet spot" will get the preferred rates and most likely will cut their rates substantially.

Consumers who don't qualify for the "perfect" profile will be charged higher rates and this can result in business not being written. The ads state "customers who switch" not "people who quote" save that much money. That's the way companies can make those claims.

That is why you should get as many comparisons as possible. It's not possible to predict which auto insurance company will have the lowest rates.

Much more information about auto insurance in Illinois is available on the Illinois Department of Insurance website found here. Illinois drivers can read consumer alerts, discover disciplinary actions, and get help finding coverage.

In the end, you save

While you're price shopping online, you should never buy poor coverage just to save money. Too many times, an insured dropped comprehensive coverage or liability limits to discover at claim time they didn't purchase enough coverage. The aim is to get the best coverage possible at the best price, not the least amount of coverage.

Budget-conscious auto insurance can be sourced on the web as well as from independent agents in Waverly, so compare prices from both to get a complete price analysis. Some companies don't offer online price quotes and many times these smaller companies only sell through independent insurance agents.

Drivers change insurance companies for a variety of reasons including policy non-renewal, delays in responding to claim requests, an unsatisfactory settlement offer or even extreme rates for teen drivers. No matter why you want to switch, finding a new auto insurance company is easier than you think.